Good morning,
Quick update. Starting next week, member posts will be going out on Thursdays.
On to the post:
Erasure (of prior token models)
Disclosure: I hold a very small amount of NMR
If you invested in an ICO this time last year, you probably read the white paper (or delegated that job to a YouTuber or something) and decided that their plan was sensible enough. You also probably invested with the expectation that the plan would not change much. Because otherwise, why even put much weight on that original plan? After all, blockchains are transparent and immutable so the projects built on top of blockchains are as well, right?
Not quite. And people tend to get very upset when they relearn this, like when Bancor froze funds to protect itself from further losses following a hack.
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–Tony
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